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MBS News

19 January 2017 - 16:55

Inflexion Private Equity acquires telematics insurance broker MyPolicy for £40m The company, which provides policies for first-time drivers and other niche customers, was founded in 1995 and has developed a proprietary algorithm to analyse driver data. The deal comes from Inflexion's Enterprise Fund IV. Read more.

19 January 2017 - 16:49

I Can’t Believe It’s Not Butter rebrands to I Can’t Believe It’s So Good for Everything Unilever UK is investing £1m into a campaign to support the overhaul, including a television advert starting in March. The new name is intended to drive awareness of the product's versatility and value, according to the company. Read more.

19 January 2017 - 16:47

Vacation home startup Stay Alfred raises US$15m in Series A funding The round was led by an undisclosed private equity group in Seattle. The company manages around 350 vacation homes in upscale apartment buildings and offers hotel-style services. It reported more than US$25m in revenues in 2016. Read more.